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Nov 29, 2012
11/12
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the looming fiscal cliff. the president's criticized for only sitting do with big business, ceo, and union leaders. joining me now are three owners who atented the meeting with the president,tillegge construction and andy, president o a. harold and associates. welcome, all. i want you all to answer this queson. what does your company do? keith, starting with you. >> hi, gerri, thanks for having me. a general contracting company, mainly in defense, and we are located in baton rou, louisiana, reasonable offices in dallas, texas, and general contractor. -erri: all right, julia? >> hi, thank you so much, gerri. we help people become healthier, happier, and smarter. gerri: i need a lot of that, yeah. >> it helps you exercise better and sleep better and get better nutrition. gerri: oh, my lord. >> lose pounds. gerri: sounds magical. >> we hope it is. gerri: andy, you're a defense contractor; correct? >> yes, thank you very much for having me tonight. gerri: you're welcome. glad to have you here. andy, how did the pr
the looming fiscal cliff. the president's criticized for only sitting do with big business, ceo, and union leaders. joining me now are three owners who atented the meeting with the president,tillegge construction and andy, president o a. harold and associates. welcome, all. i want you all to answer this queson. what does your company do? keith, starting with you. >> hi, gerri, thanks for having me. a general contracting company, mainly in defense, and we are located in baton rou,...
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Dec 4, 2012
12/12
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the last minute on the fiscal cliff -- i do not think it is a good way to do business. it seems to be the way we are doing business in this town. host: if we were to go over, what happens? guest: probably, congress would be back in session quickly and we would do something but i am talking about right now, hopefully, and continue to negotiate. it is not to question of dollars and cents. some people have said we could let the rates go up and the republicans could take something down and they could call that a tax cut. people would lose faith in the institution and political leadership. trust is a funny commodity. you have it until you do not. you do not get it back if you lose the trust and then do the right thing the next day. we should convince the country, the markets and the world that america can make smart decisions and tough compromises. this would be a step in the right direction of showing we can work together, and we could put the people first. we have differences and we could fight without putting them in harm's way. host: roger altman writes in "the financial
the last minute on the fiscal cliff -- i do not think it is a good way to do business. it seems to be the way we are doing business in this town. host: if we were to go over, what happens? guest: probably, congress would be back in session quickly and we would do something but i am talking about right now, hopefully, and continue to negotiate. it is not to question of dollars and cents. some people have said we could let the rates go up and the republicans could take something down and they...
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Nov 29, 2012
11/12
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. >> the president had a busy fiscal cliff day, also met privately with the ceo ofs of home depot, coca-cola and yahoo!. not to be out done on this pr front, house republicans made it public, hosting a group of nervous business leaders. they've signed on to a campaign called fix the debt. they want big spending cuts to supplement the coming tax hikes. >> i'm hopeful but i wouldn't put me anywhere near the optimistic category. we have a long way to go and a few days to get it done. >> don't forget that's erskine bowels. republicans are trying to put pressure on democrats even as democrats enjoy the moment on taxes. here is where republicans are on entitlements. >> there's been no serious discussion by the white house on entitlements, on medicare and medicaid. this has to be a part of this agreement or else we just continue to dig the hole deep i. >> republicans are very frustrated that what's taking up oxygen right now is the issue of taxes. in fact, yesterday that's what happened. the first major public break inside the republican controlled house, oklahoma congressman tom cole who endorsed
. >> the president had a busy fiscal cliff day, also met privately with the ceo ofs of home depot, coca-cola and yahoo!. not to be out done on this pr front, house republicans made it public, hosting a group of nervous business leaders. they've signed on to a campaign called fix the debt. they want big spending cuts to supplement the coming tax hikes. >> i'm hopeful but i wouldn't put me anywhere near the optimistic category. we have a long way to go and a few days to get it done....
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Dec 3, 2012
12/12
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. >> there are now 29 days until the country reaches the so-called fiscal cliff. and only 19 of those are business days. as yet there's been no counteroffer from the gop but today "the wall street journal" advises republicans to say the course writing given the political difficulty of reforming entitlements republicans are right to try get mr. obama's fingerprints on a deal this year. if mr. obama won't agree to these demin muss reforms republicans should let mr. obama own the debt crisis he has done so much to create. conservative commentator bill crystal says they're making a dangerous gamble. >> republicans are at risk in my view now of looking like they're defending, keeping the current tax rates for the wealthy. end of the day president obama is selling a simple message, i want to keep taxes low for middle-class americans and republicans look like -- i'm worried are in the position offiof ing -- looking as fe the don't care about middle class. >> joining us is the sage of capitol hill, boat shoe enthusiast and celebrity doppelganger, nbc's luke russert. >> go
. >> there are now 29 days until the country reaches the so-called fiscal cliff. and only 19 of those are business days. as yet there's been no counteroffer from the gop but today "the wall street journal" advises republicans to say the course writing given the political difficulty of reforming entitlements republicans are right to try get mr. obama's fingerprints on a deal this year. if mr. obama won't agree to these demin muss reforms republicans should let mr. obama own the...
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Nov 29, 2012
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business. i think they can just sit there and he can say, so, governor romney, what are your thoughts on the fiscal cliff. >> it doesn't matter. they're going to sit there for, what, 90 minutes, 30 minutes, 15? >> 90 minutes is excruciating. >> 90 minutes with mitt romney regardless of the person who's there would be pretty awkward. >> i think it's a good thing. i don't care what you all think anymore. >> he's over us. >> i do care about the 47 million people -- or 47% who voted for romney. i do care about you guys, right? that's cool. >>> up next, what women stand to lose in the fiscal fiasco. now president terry o'neill is in the guest spot. [ male announcer ] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] try this... bayer? this
business. i think they can just sit there and he can say, so, governor romney, what are your thoughts on the fiscal cliff. >> it doesn't matter. they're going to sit there for, what, 90 minutes, 30 minutes, 15? >> 90 minutes is excruciating. >> 90 minutes with mitt romney regardless of the person who's there would be pretty awkward. >> i think it's a good thing. i don't care what you all think anymore. >> he's over us. >> i do care about the 47 million people...
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Dec 1, 2012
12/12
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up next, how the fiscal cliff debate affects your wallet, your business or your favorite toys for that matter. you're watching msnbc, the place for politics. ♪ (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing. have serious hea
up next, how the fiscal cliff debate affects your wallet, your business or your favorite toys for that matter. you're watching msnbc, the place for politics. ♪ (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice...
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Nov 30, 2012
11/12
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cliff. but his actions have not matched his public statements. members of his own party seem quite comfortable with sending the economy over the fiscal cliff. >> the speaker's remarks riled the left and provoked this response from senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is the disconnect, then? >> i don't understand his brain, so you should ask him. okay? >> with only a handful of legislative days left on the congress's calendar before the looming fiscal cliff becomes a raw reality, will the president and house gop find a way over the latest road black and back to the bargaining table? >> why did the white house decide to have this as their opening volley when they knew the response would be a negative one that they drew? >> was it hardball opening? yeah, of course it was. the question is, what's the counteroffer? >> i would imagine there has to -- tim geithner is too smart of a guy in this administration is filled
cliff. but his actions have not matched his public statements. members of his own party seem quite comfortable with sending the economy over the fiscal cliff. >> the speaker's remarks riled the left and provoked this response from senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is the disconnect, then? >> i don't understand his brain, so you should ask him. okay? >> with only a handful of legislative...
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Nov 29, 2012
11/12
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congressman, steve israel, on the democratic momentum on the fiscal cliff. plus. >> karen finney on the new bizarre attack on ambassador, susan rice. >> all of the sudden, we are the bell of the ball. we are here to say, it's time to start to dance. >>> latino voters help put president obama over the top. now, the hispanic caucus says they want action. representative luis gutierrez joins me tonight. >>> good to have you with us. thanks for watching. president obama is selling his economic agenda and using all the right tools. the president was surrounded today by middle class taxpayers at the white house as he pushed for an extension of the tax cuts for income below $250,000. he quas quick to highlight the break in the ranks with the republicans. >> i am glad to see, if you've been reading the papers lately, that more and more republicans in congress, seem to be agreeing with this idea that we should have a balanced approach. so if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> president ob
congressman, steve israel, on the democratic momentum on the fiscal cliff. plus. >> karen finney on the new bizarre attack on ambassador, susan rice. >> all of the sudden, we are the bell of the ball. we are here to say, it's time to start to dance. >>> latino voters help put president obama over the top. now, the hispanic caucus says they want action. representative luis gutierrez joins me tonight. >>> good to have you with us. thanks for watching. president obama...
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Dec 6, 2012
12/12
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in half of an hour, senate leaders comment on the fiscal cliff. after that, house speaker john boehner and minority leader nancy pelosi followed by president obama's comments. the house of representatives has finished their business for the week. they looked ahead to how negotiations on the fiscal cliff might affect the house schedule. this is half an hour. hank the gentleman. i yield to the majority leader. mr. cantor: i thank the gentleman, mr. speaker. on monday, no votes are expected in the house. on tuesday the house will meet at noon for morning hour and 2:00 p.m. for legislative business. votes will be postponed until 6:30 p.m. on wednesday the house will meet at 10:00 a.m. for morning hour and noon for legislative business. on thursday the house will meet at 9:00 a.m. for legislative business. last votes of the week are expected no later than 3:00 p.m. on thursday. members are advised that this is a change from the original house calendar. mr. speaker, the house will consider a number of bills under suspension of the rules, a complete list
in half of an hour, senate leaders comment on the fiscal cliff. after that, house speaker john boehner and minority leader nancy pelosi followed by president obama's comments. the house of representatives has finished their business for the week. they looked ahead to how negotiations on the fiscal cliff might affect the house schedule. this is half an hour. hank the gentleman. i yield to the majority leader. mr. cantor: i thank the gentleman, mr. speaker. on monday, no votes are expected in the...
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Nov 29, 2012
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. >>> democrats said they think it's a good idea to drive the economy off the fiscal cliff this january. you might call this thelma and louise economics. right off the cliff. ♪ >> joining me now, senator feldma. >> great to talk to you. >> senator, you've been the leader on how the democrats should be approaching the so-called off the cliff drama and i just want to play something you said on july 16th at the brookings institute. let's listen to that. >> we can't get a good deal, a balanced deal that calls on the wealthy to pay their fair share, when i will absolutely continue this debate into 2013. >> after that, senator mcconnell called that thelma and louise economics. tell us why this cliff is not as disastrous a cliff to go off? >> first of all, no one wants to go off any cliff or hill or slope. there is a responsible way to revolve this. but if we take a bad deal and say that all of the nation's fiscal problems are to be balanced on the back of middle class families and the wealthy don't participate, that's a bad deal we cannot and should not live within this country. >> shortly
. >>> democrats said they think it's a good idea to drive the economy off the fiscal cliff this january. you might call this thelma and louise economics. right off the cliff. ♪ >> joining me now, senator feldma. >> great to talk to you. >> senator, you've been the leader on how the democrats should be approaching the so-called off the cliff drama and i just want to play something you said on july 16th at the brookings institute. let's listen to that. >> we...
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Nov 30, 2012
11/12
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fiscal cliff. first we hear from house speaker john boehner after meeting with treasury secretary tim geithner. that is followed by house democratic leaders after their meeting. then, senate democrats explain what they're looking for in negotiations with republicans. friday on "washington journal," a congressional this story and gives a history of the filibuster rule in the senate and explains the changes senate leader harry reid is pursuing. then austin tell us less starting at 7:00 eastern on c-span. -- washington journal is live at 7:00 eastern on c-span. >> we had 2000 flag officers and generals. today we had one dozen flak officers and generals. the ratio is out of whack. it is not a captain, and a battle of. we look at where we can not only save the money, but we can transfer responsibilities at of the pentagon and consolidate programs and serious significant amount of money. >> this weekend you can talk about tom coburn above the fiscal cliff and the republican party in "in the." on c-span 2
fiscal cliff. first we hear from house speaker john boehner after meeting with treasury secretary tim geithner. that is followed by house democratic leaders after their meeting. then, senate democrats explain what they're looking for in negotiations with republicans. friday on "washington journal," a congressional this story and gives a history of the filibuster rule in the senate and explains the changes senate leader harry reid is pursuing. then austin tell us less starting at 7:00...
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Nov 29, 2012
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i joined fix the debt because one of its core principles is that we do not go off the fiscal cliff and we do not make sacrifices that crushed the most vulnerable populations. i stand here to speak for those groups. we recognize the importance of doing true reform, a true building revenue and reducing debt recant. but not at the expense of the safety may -- reducing debt where we can. but not at the expense of the safety net. it is not an option for inactin. on. the people who are the least likely to survive it are the ones who will be hit the hardest and first. i want to leave you with a bible verse because that is what i do. philippians chapter to verse for it -- two , verse 4. he should look not only to your own interest but to the interests of others. thank you. >> thank you very much. next i would like to invite kirsten silveira, a media specialist and student at colorado state university. >> hi, i'm kirsten. i am a senior political science major at colorado state university. you would think that as a graduating senior the number one thing i would care baucus getting a job. in a wa
i joined fix the debt because one of its core principles is that we do not go off the fiscal cliff and we do not make sacrifices that crushed the most vulnerable populations. i stand here to speak for those groups. we recognize the importance of doing true reform, a true building revenue and reducing debt recant. but not at the expense of the safety may -- reducing debt where we can. but not at the expense of the safety net. it is not an option for inactin. on. the people who are the least...
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Dec 3, 2012
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tell me about energy policy and where it fits in with the fiscal cliff. what we will spend money on and how we were tightened our belts. >> the major place it fits is the right policy would create an environment which would produce a lot more revenue. that would help to reduce the debt. the federal government doesn't spend much money on energy. energy research is about $6 billion a year. i would like to see it doubled. this report is a blueprint for independence and i think it is the right blueprint. we are not in a position to be held hostage by anybody. it also focuses on find more and use less. what we can do in the federal government is i think invest in research and getting a 500-mile battery for electric cars and getting solar energy that is 1 kilowatt installed and finding a way to capture carbon from coal plants that can be turned into fuel that is commercially sold. we should look at the model of unconventional gas in terms of how our system and federal research and our system of private properties have produced a situation where we have a massiv
tell me about energy policy and where it fits in with the fiscal cliff. what we will spend money on and how we were tightened our belts. >> the major place it fits is the right policy would create an environment which would produce a lot more revenue. that would help to reduce the debt. the federal government doesn't spend much money on energy. energy research is about $6 billion a year. i would like to see it doubled. this report is a blueprint for independence and i think it is the...
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Nov 29, 2012
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next week, a small business coalition will talk to us on ways we can solve the fiscal cliff while the same time growing this economy. the goal of this republican majority is to solve the fiscal cliff once and for all and put us on a path to grow the economy. >> we are 34 days away from what would be the largest tax increase in american history, and the speaker boehner and the republicans have put forward a balanced plan that would prevent that from happening and not devastate our economy at a time when our economy continues to struggle and people are having a tough time finding work. we need to take action that will insure that small-business owners all across this country continue to be able to survive. many have said that the president's approach in raising taxes would act to devastate the economy. ernst and young estimated jobs lost -- a plan that would cut nearly 1 million jobs is a nonstarter. we are working to find a better way. a common-sense way. we can raise tax revenue by simplifying the tax code, not increasing tax rates. we can address wasteful government spending that jeo
next week, a small business coalition will talk to us on ways we can solve the fiscal cliff while the same time growing this economy. the goal of this republican majority is to solve the fiscal cliff once and for all and put us on a path to grow the economy. >> we are 34 days away from what would be the largest tax increase in american history, and the speaker boehner and the republicans have put forward a balanced plan that would prevent that from happening and not devastate our economy...
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Nov 30, 2012
11/12
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going over the fiscal cliff is serious business. i am here seriously trying to resolve it and i would hope the white house would get serious as well. >> based on the meeting with secretary geithner or your phone call with president obama 09 -- obama side, can you tell us something about that phone call? >> we had a very nice conversation last night. it was direct and straightforward. but the assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as far as a down payment to get to a long-range solution on entitlements? >> there are a lot of options on the table, including that one. >> you are acknowledging that there will. >> the day after the election, i came here and i made it clear that republicans would put revenue on the table as a way to begin to move the process to get this resolved. >> right, so my question is what message do you have for people who are in the negotiating position or believe that it is inevitable that you have to
going over the fiscal cliff is serious business. i am here seriously trying to resolve it and i would hope the white house would get serious as well. >> based on the meeting with secretary geithner or your phone call with president obama 09 -- obama side, can you tell us something about that phone call? >> we had a very nice conversation last night. it was direct and straightforward. but the assessment i give you today would be a product of both of those conversations. >> how...
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Nov 30, 2012
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cliff, rather, and if they don't, it could harm consumer can ha confidence and in turn businesses like this one in pennsylvania. but, chris, also expect republicans to sort of lob a counterpunch today. i expect them to sort of highlight a business nearby that could be harmed if taxes do go up on those making $250,000 or more because, of course, that is for some small businesses their budget level. chris? >> and one thing, a quick follow-up, did the white house -- do you have any indication did the white house expect the reaction they got on capitol hill yesterday? i assume with this proposal, which much of it isn't new. this is essentially the president's budget proposal from last year, that they didn't think john boehner was going to say, that sounds good, let's do that. but did they expect the dismissiveness and john boehner's tone in his press conference yesterday? did that catch them by surprise at all? >> reporter: well, i think the white house democrats were a little surprised by the backlash but, as you point out, this budget proposal is essentially what the president proposed l
cliff, rather, and if they don't, it could harm consumer can ha confidence and in turn businesses like this one in pennsylvania. but, chris, also expect republicans to sort of lob a counterpunch today. i expect them to sort of highlight a business nearby that could be harmed if taxes do go up on those making $250,000 or more because, of course, that is for some small businesses their budget level. chris? >> and one thing, a quick follow-up, did the white house -- do you have any...
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Dec 5, 2012
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because the last minute on the fiscal cliff. i don't think it's a good way to do business. >> host: if we were to go over, what happens? >> guest: well, you know, probably congress would be back in session pretty quickly and hopefully we would do something like i'm talking about right now. that's what we should do it early. and continue to negotiate. it's not just a question of dollars and cents. effort some people say let the race club in republicans get some data call that a tax cut. people lose faith in the institution and the political leadership. trust is a very funny commodity. you have it until you don't. when you lose the trust of the american people it's not like you get back to doing the right thing the next day. we should convince the country and the markets that can make smart decisions and to compromise and again this would be a step in the right direction of showing we can work together. we can put the american people first. again, we can continue to fight over things without putting them in harms way. >> host: rob
because the last minute on the fiscal cliff. i don't think it's a good way to do business. >> host: if we were to go over, what happens? >> guest: well, you know, probably congress would be back in session pretty quickly and hopefully we would do something like i'm talking about right now. that's what we should do it early. and continue to negotiate. it's not just a question of dollars and cents. effort some people say let the race club in republicans get some data call that a tax...
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Nov 30, 2012
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the president traveled to pennsylvania to visit a small business today to talk about the fiscal cliff. unfortunately, it's the president and members of his own party who were proposing that we let many small businesses, as in hundreds of thousands of them, go over the fiscal cliff. simply put, that's why we don't have an agreement as yet. they said yesterday this is not a game. i used to be a small business owner. small business owners are regular men and women from all backgrounds who, in today's economy, are facing challenges on a daily basis. and the president's tax increase would be another crippling blow for them while doing little to nothing to solve the bigger problem here, which is our national deficit and our national debt. this debt doesn't exist because we don't tax small businesses enough. it exists because washington continues to spend too much. raising taxes on small businesses instead of taking a balanced approach that also cuts spending is wrong. it's only going to make it harder for our economy to grow. and if our economy doesn't grow, americans don't get new jobs. an
the president traveled to pennsylvania to visit a small business today to talk about the fiscal cliff. unfortunately, it's the president and members of his own party who were proposing that we let many small businesses, as in hundreds of thousands of them, go over the fiscal cliff. simply put, that's why we don't have an agreement as yet. they said yesterday this is not a game. i used to be a small business owner. small business owners are regular men and women from all backgrounds who, in...
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Nov 29, 2012
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well, the easiest way to end the uncertainty about the fiscal cliff and tax rates and their potential impact of the vast majority of americans as they go into this vital holiday shopping season that's pretty central to our economy is for us to pass that and say okay, that part of this is over. the $2,000 on average tax hike that most working families are facing, if we go over the cliff done, taken care of. now, let's work through the balance of increased revenue on the high income earners and spending cuts that we need to get done to achieve a roughly $4 trillion savings. >> bill: and closing loopholes and other issues. >> that's a difficult process. there's lots of detail to it. in my view, there's two bad outcomes here that are quite possible. first is we do nothing. which is -- something we seem to have shown some real capability of. but if we go over the if is cal cliff, which is really more of a slope than a cliff. it is not like y2k where january 1, everybody has a dramatic cuts in services and dramatic increases in taxes. that will smooth in over time. that will happen over som
well, the easiest way to end the uncertainty about the fiscal cliff and tax rates and their potential impact of the vast majority of americans as they go into this vital holiday shopping season that's pretty central to our economy is for us to pass that and say okay, that part of this is over. the $2,000 on average tax hike that most working families are facing, if we go over the cliff done, taken care of. now, let's work through the balance of increased revenue on the high income earners and...
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Nov 30, 2012
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going over the fiscal cliff is serious business. and i am here seriously trying to resolve it and i would hope that the white house would get serious as well. a congressional republican aide said the only changes in the entitlement come from the president's budget that was voted down by the u.s. senate 99-zero and zoro democrats supported it. the white house said it is the republicans and their refusal to ask higher income americans to pay higher rates. >> asking for a price to be paid for congress to do its job and insure that the united states of america does pay the bills is deeply irresponsible. it was deeply irresponsible in the summer of 2011 and deeply irresponsible if we were to see that kind of approach taken again. >> something new in the proposal. they want to continue to raise the debt limit on their own unless two-thirds of lawmakers say no. >> gretchen: do you remember on this program yesterday where we said this is not a deal. what is proposed is not a deal. a definition of deal, both sides give something, right. this
going over the fiscal cliff is serious business. and i am here seriously trying to resolve it and i would hope that the white house would get serious as well. a congressional republican aide said the only changes in the entitlement come from the president's budget that was voted down by the u.s. senate 99-zero and zoro democrats supported it. the white house said it is the republicans and their refusal to ask higher income americans to pay higher rates. >> asking for a price to be paid...
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Nov 30, 2012
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we're still worried about the fiscal cliff. this is touch and go here. markets finished up a little bit yesterday. but they came off the day's highs after downbeat comments from house speaker john boehner on ongoing fiscal cliff negotiations, which are more of a tiff than a solution at this point. >>> new mortgage rate numbers for you still near historic lows. 3.32%. everyone is shaking their head on the table. 2.64% for a 15-year fixed. now, interestingly is the cherished mortgage deduction on the table in the fiscal cliff talks? they are fighting hard to make sure that deduction doesn't go away. they say getting rid of it for any level of earners would hit the home sales just as they are coming back. who benefits the most? households earning more than $250,000 a year. average $5,500. for those making less than $40 it was only a $91 benefit. what will happen to america's favorite tax break? still big unknown in these fiscal talks. >> you have to believe it will not last 14 months the way it is. >> if you are on the coast and chicago, it is high. home pr
we're still worried about the fiscal cliff. this is touch and go here. markets finished up a little bit yesterday. but they came off the day's highs after downbeat comments from house speaker john boehner on ongoing fiscal cliff negotiations, which are more of a tiff than a solution at this point. >>> new mortgage rate numbers for you still near historic lows. 3.32%. everyone is shaking their head on the table. 2.64% for a 15-year fixed. now, interestingly is the cherished mortgage...
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today's discussion on the fiscal cliff clearly meets that. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty, who is currently president and ceo of the financial services roundtable. moderating our discussion today is al hunt. we always love having al over here. he really put bloomberg on the map here in d.c.. yesterday it was his birthday -- happy birthday, al. [applause] i'm going to turn things over to congressman tom davis -- this is a man who really needs no introduction here in washington but has been a great friend to bgov over the years. i would be remiss if i did not give his full official title -- he is the director of federal government affairs at deloitte. please join me in welcoming congressman tom davis. [applause] >> thank you. and most importantly, i left congress undefeated and unindicted. on behalf of deloitte, i want to thank our all-star panel. senator corker, governor pawlenty, congressman van hollen, senator warner, for participati
today's discussion on the fiscal cliff clearly meets that. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty, who is currently president and ceo of the financial services roundtable. moderating our discussion today is al hunt. we always love having al over here. he really put bloomberg on the map here in d.c.. yesterday it was his birthday -- happy birthday, al. [applause] i'm going to turn things over to...
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host: we have been focusing on different parts of the fiscal cliff discussion. today we're looking at tax extenders for businesses and individuals. joining us is sam goldfarb, a tax writer for cq roll call. what our tax extenders? guest: they are temporary tax breaks. some people are concerned the entire tax code is turning into a big tax extender. they are considered to be a small provision and targeted at specific types of businesses. host: why are they temporary? guest: a lot of people say they should be made permanent or they should be eliminated altogether. it is easier to pass when they are temporary. they keep on being extended and extended. host: we will look at some of these. these are some of the tax extenders and the cost of continuing the tax breaks through 2013. host: some of those are really specific. guest: that is the idea. they have become a case study in what some people think is wrong with the tax code. if there are loopholes that can be claimed to love god and their because of a lobbyist lobbied hard to get there, it is these tax breaks that
host: we have been focusing on different parts of the fiscal cliff discussion. today we're looking at tax extenders for businesses and individuals. joining us is sam goldfarb, a tax writer for cq roll call. what our tax extenders? guest: they are temporary tax breaks. some people are concerned the entire tax code is turning into a big tax extender. they are considered to be a small provision and targeted at specific types of businesses. host: why are they temporary? guest: a lot of people say...
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first and foremost is the resolution to the so-called fiscal cliff. we are also waiting action from the senate on items like the annual defense and intelligence authorization bills and extension of fisa, and others. negotiations on these and many other issues will continue regardless of the daily legislative business of the house, and members are advised that we will not adjourn the 112th congress until a credible solution has been found that meets these challenges. finally, mr. speaker, the 2013 house calendar is now publicly available at majority leader. gov. the house will convene the 113th congress at noon on january 3 and we will be in session for a total of 126 days. i thank the gentleman and yield back. mr. hoyer: i thank the gentleman for his comments. i appreciate his observation with reference to a number of pieces of legislation that are pending. and as he mentions in his comments, the fiscal cliff, of course, is of concern not only to us but the entire country. the negotiations as the majority leader points out are ongoing and hopefully wi
first and foremost is the resolution to the so-called fiscal cliff. we are also waiting action from the senate on items like the annual defense and intelligence authorization bills and extension of fisa, and others. negotiations on these and many other issues will continue regardless of the daily legislative business of the house, and members are advised that we will not adjourn the 112th congress until a credible solution has been found that meets these challenges. finally, mr. speaker, the...
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cliff negotiations. the dow rallied because of those comments. if there's no deal, though, the bush tax cuts will expire, sending taxes up to about $2,000 for a typical family of four. president obama taking that number to twitter, asking americans to tweet lawmakers using the #my2k. telling lawmakers what that means to them. he would lo he would like them to expire for americans making over $250,000, though. >>> more than half a trillion dollars has been spent on jobless benefits over the past five years. whether to extend additional federal unemployment benefits beyond the end of the year. rising number of families on food stamps, 15,000 families received food stamps up 10% from 2010. >>> cnn's 2012 hero of the year will be an all-star tribute, bringing together the world and people helping others. >> some of those stars have their own tales of inspoiration. including superstar gloria estefan. >> the people we should really celebrate are people out there that are doing other things helping other human
cliff negotiations. the dow rallied because of those comments. if there's no deal, though, the bush tax cuts will expire, sending taxes up to about $2,000 for a typical family of four. president obama taking that number to twitter, asking americans to tweet lawmakers using the #my2k. telling lawmakers what that means to them. he would lo he would like them to expire for americans making over $250,000, though. >>> more than half a trillion dollars has been spent on jobless benefits over...
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but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> we can debate at length whether the november 6th election was a mandate, but i don't think we can debate the basics that it was a work order, a work order from the american people to members of congress and to the president, roll up your sleeves, work together and solve the problems. we got the message. did speaker boehner get the message? because the message was work together. what we hear from him is all of his pain and frustration and angst dealing with the tea party in his own caucus. well, there comes a point when he needs to look beyond his caucus to the house and to the nation. >> all right. welcome back to "morning joe." >> i guess the more things change, the more they stay the same. it's depressing, you're right, harold, we've seen this movie before. this was a year ago. this happened a year ago. and i know the media says oh, it's the republicans' fault any time the house doesn't completely fold into what the pres
but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> we can debate at length whether the november 6th election was a mandate, but i don't think we can debate the basics that it was a work order, a work order from the american people to members of congress and to the president, roll up your sleeves, work together and solve the problems. we got the message. did speaker boehner get the...
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. >> and finding a way to steer clear of the fiscal cliff. the chief fiscal cliff negotiator tim geithner working with leaders to get things moving. there are just 33 days left to get a deal done. congress breaks for the holidays in just 15 days. dan lothian joins us. so the clock is ticking away. >> after the meeting the president had after he went to southeast asia the lawmakers were optimistic. now you are hearing some pessimistic as the clock winds down. you see the president pushing the bush era tax cut extension for middle class america. the white house doesn't believe this is the comprehensive solution, but part of a solution. they are reaching out to small business owners, sitting down with top ceos yesterday. he will head to pennsylvania tomorrow. you saw him at the white house with middle class america who e-mailed the white house about how they would be impacted if the middle class tax cuts were not extended for them. the president sounding optimistic that the deal can get done. >> our ultimate goal is an agreement that gets our lo
. >> and finding a way to steer clear of the fiscal cliff. the chief fiscal cliff negotiator tim geithner working with leaders to get things moving. there are just 33 days left to get a deal done. congress breaks for the holidays in just 15 days. dan lothian joins us. so the clock is ticking away. >> after the meeting the president had after he went to southeast asia the lawmakers were optimistic. now you are hearing some pessimistic as the clock winds down. you see the president...
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. >> is the president serious about avoiding the fiscal cliff allen webb resphond. >> my homeowner insurance offered me $150 what can i do with that? >> they lost the home and business and sense of security. victims of super storm sandep ho on how they are coping. >> who can throw their hate in the ring for 2016. ladies and gentlemen. our guest host tonight dana preno. [ applause ] ♪ >> welcome to huckabee. i am dana pereno and i want to thank governor huckabee to have me guest host. it is it a month since the presidential election and half of the country is elate vindicate they voted for president obama and walking on cloud 9. the other half not so much. they are confuse despondant and sleepless. they wonder if the nation has gone mad and want to return to common sense not another four years on fantasy island. we are taught as kids to be good sports man and not gloat and give the other side high 5 and say good game. have we seen much much that. nope. being a good matter means being a gracious winner and a good spirited loserine if it is hard to feel that way. let losing party must ask why
. >> is the president serious about avoiding the fiscal cliff allen webb resphond. >> my homeowner insurance offered me $150 what can i do with that? >> they lost the home and business and sense of security. victims of super storm sandep ho on how they are coping. >> who can throw their hate in the ring for 2016. ladies and gentlemen. our guest host tonight dana preno. [ applause ] ♪ >> welcome to huckabee. i am dana pereno and i want to thank governor huckabee...
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tell me about energy policy and where it fits in with the fiscal cliff. what we will spend money on and how we were tightened our belts. >> the major place it fits is the right policy would create an environment which would produce a lot more revenue. that would help to reduce the debt. the federal government doesn't spend much money on energy. energy research is about $6 billion a year. i would like to see it doubled. this report is a blueprint for independence and i think it is the right blueprint. we are not in a position to be held hostage by anybody. it also focuses on find more and use less. what we can do in the federal government is i think invest in research and getting a 500-mile battery for electric cars and getting solar energy that is 1 kilowatt installed and finding a way to capture carbon from coal plants that can be turned into fuel that is commercially sold. we should look at the model of unconventional gas in terms of how our system and federal research and our system of private properties have produced a situation where we have a massiv
tell me about energy policy and where it fits in with the fiscal cliff. what we will spend money on and how we were tightened our belts. >> the major place it fits is the right policy would create an environment which would produce a lot more revenue. that would help to reduce the debt. the federal government doesn't spend much money on energy. energy research is about $6 billion a year. i would like to see it doubled. this report is a blueprint for independence and i think it is the...
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are worried about the fiscal cliff that's according to the fed's beige book out today what is the beige book anyway and who cares we'll tell you why it matters and word of the day let's get to today's capital account.
are worried about the fiscal cliff that's according to the fed's beige book out today what is the beige book anyway and who cares we'll tell you why it matters and word of the day let's get to today's capital account.
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now, i'm not going to blame it all on the fiscal cliff. we have a slowing economy. we have slowing economies around the world. but i was at a dinner with a bunch of ceos in washington who are interested and care about this fiscal issue on monday night. and they were talking about we're not hiring. we're allowing attrition to happen. we're holding back on big spending. we want to see what happens here before we go forward. what's interesting about this is that the consumer seems to have a different view. the consumer -- for the consumer so far, this has sort of passed by. i wouldn't say blissful ignorance, but it has not affected their behavior. you had a fairly strong set of economic numbers this fall. the housing market seems to have finally turned up after a period of obviously deep decline. and so consumer confidence, which is one of our best proxies for this kind of thing, has been turning up and really does not yet -- the fiscal cliff does not yet seem to have penetrated their consciousness. for those of us who were in stores over the holiday weekend, stores ar
now, i'm not going to blame it all on the fiscal cliff. we have a slowing economy. we have slowing economies around the world. but i was at a dinner with a bunch of ceos in washington who are interested and care about this fiscal issue on monday night. and they were talking about we're not hiring. we're allowing attrition to happen. we're holding back on big spending. we want to see what happens here before we go forward. what's interesting about this is that the consumer seems to have a...
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about the fiscal cliff. host: and in the washington post is a picture of three c.e.o.'s coming out of the white house. this is patricia wuertz, she is the chief executive of archer daniel's midland. emmett fraser of merck and another person walking out. we're going to move onto william in maryland on our republican line. hi, william. caller: gorn. i love watching c-span, i'm a first time caller. host: welcome. caller: thank you. i'm not the greatest at this, but i can tell you as an african-american republican, who is a home owner association's president for his community of 339 homes, and someone who works in security, and someone who volunteers at least 40 hours a week on his community, there is a issue with us as americans and picking up slack. we put too much on the federal government to do. we as people need to stand more for each other and help each other. and i guarantee you if we took the money out of the politics, and we as the people stood together with one another and helped each other as in the c
about the fiscal cliff. host: and in the washington post is a picture of three c.e.o.'s coming out of the white house. this is patricia wuertz, she is the chief executive of archer daniel's midland. emmett fraser of merck and another person walking out. we're going to move onto william in maryland on our republican line. hi, william. caller: gorn. i love watching c-span, i'm a first time caller. host: welcome. caller: thank you. i'm not the greatest at this, but i can tell you as an...
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but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious, as well. >> all right. so once again, here are the cliff notes right here. republicans on the hill are demanding trillions of dollars worth of debt reduction. that's pretty much fine with democrats who say the wealthy should foot the bill in the form of higher tax rates. and therein lies the catch because the republicans want the savings of federal spending cuts. that dispute blocking efforts to keep rates from rising on everyone. as scheduled on january 1st. this is a so-called fiscal cliff. january 1st. our news makers representative jim clyburn of south carolina, number three democrat in the house of representatives and number one i'm sure to a lot of people. hello. how are you? >> hey, don. thank you so much for having me. >> thanks for coming on. is speaker boehner right, though? as the clock is ticking, ticking toward january 1st, the talks haven't progressed in two weeks. is he right? >> well, i don't know that i'm as disappoi
but going over the fiscal cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious, as well. >> all right. so once again, here are the cliff notes right here. republicans on the hill are demanding trillions of dollars worth of debt reduction. that's pretty much fine with democrats who say the wealthy should foot the bill in the form of higher tax rates. and therein lies the catch because the republicans want the savings of...
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host: we have been focusing on different parts of the fiscal cliff discussion. today we're looking at tax extenders for businesses and individuals. joining us is sam goldfarb, a tax writer for cq roll call. what our tax extenders? guest: they are temporary tax breaks. some people are concerned the entire tax code is turning into a big tax extender. they are considered to be a small provision and targeted at specific types of businesses. host: why are they temporary? guest: a lot of people say they should be made permanent or they should be eliminated altogether. it is easier to pass when they are temporary. they keep on being extended and extended. host: we will look at some of these. these are some of the tax extenders and the cost of continuing the tax breaks through 2013. host: some of those are really specific. guest: that is the idea. they have become a case study in what some people think is wrong with the tax code. if there are loopholes that can be claimed to love god and their because of a lobbyist lobbied hard to get there, it is these tax breaks that
host: we have been focusing on different parts of the fiscal cliff discussion. today we're looking at tax extenders for businesses and individuals. joining us is sam goldfarb, a tax writer for cq roll call. what our tax extenders? guest: they are temporary tax breaks. some people are concerned the entire tax code is turning into a big tax extender. they are considered to be a small provision and targeted at specific types of businesses. host: why are they temporary? guest: a lot of people say...
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. >> is the president serious about cutting spending and avoiding the fiscal cliff? congressman allen west respon responds. >> and-- >> and owed the insurance companies $150, what can we do with that. >> they've lost their homes, businesses and sense of security. is help on the way? victims of superstorm sandy. >> and how can republicans attract hispanic voters? and a look ahead who could throw their hat in the ring for 2016. ladies and gentlemen, our guest host tonight, dana perino. [applaus [applause] >> and i'm dana perino and i want to thank governor huckabee for inviting me to guest host it week while he's out on tour. it's been almost a month since the presidential election and about half the country remains elated, vindicated triumphant. they voted for president obama and are walking on cloud nine. the other half, well, not so much. they are confused, despondent, even sleepless, they wonder if the whole nation has gone quite mad and want to return it common sense not another four years on fantasy island. now, we're taught as kids to be good sportsmen, not to g
. >> is the president serious about cutting spending and avoiding the fiscal cliff? congressman allen west respon responds. >> and-- >> and owed the insurance companies $150, what can we do with that. >> they've lost their homes, businesses and sense of security. is help on the way? victims of superstorm sandy. >> and how can republicans attract hispanic voters? and a look ahead who could throw their hat in the ring for 2016. ladies and gentlemen, our guest host...
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it is a bad strategy for your businesses. and it is not a game that i will play. >> reporter: and brian, tonight, the white house is preparing in case the country does go over that fiscal cliff, budget officials have asked all federal agencies for information that they need in case of possible plans in case of those automatic spending cuts that could go in place in just 27 days. >> peter alexander at the white house for us tonight. thank you. >>> and up next, the loss today of a legend in american music. i put away money. i was 21, so i said, "hmm, i want to retire at 55." and before you know it, i'm 58 years old. time went by very fast. it goes by too, too fast. ♪ but i would do it again in a heartbeat. [ laughs ] ♪ ♪ i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a r
it is a bad strategy for your businesses. and it is not a game that i will play. >> reporter: and brian, tonight, the white house is preparing in case the country does go over that fiscal cliff, budget officials have asked all federal agencies for information that they need in case of possible plans in case of those automatic spending cuts that could go in place in just 27 days. >> peter alexander at the white house for us tonight. thank you. >>> and up next, the loss today...
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but going over the fiscal cliff is serious business, and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> is this based on your meeting with secretary geithner or your phone call with president obama last night. could you tell us something about that phone call? >> well, we had a very nice conversation last night. it was direct. and straightforward. but this assessment i give you today would be a product of both of those conversations. >> how much would you be open to the idea of discretionary spending cuts as part of a down payment to get to a longer range solution on entitlements and tax reforms? >> there are a lot of options on the table including that one. >> before the election you were asked whether if obama won taxes would have to go up. i are acknowledging that they will. >> the day after the election i came here and made it clear that the republicans would put revenue on the table as a way to begin to move the process to get this resolved. >> my question is, what message do you have for people who look at the negotiating
but going over the fiscal cliff is serious business, and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> is this based on your meeting with secretary geithner or your phone call with president obama last night. could you tell us something about that phone call? >> well, we had a very nice conversation last night. it was direct. and straightforward. but this assessment i give you today would be a product of both of those...
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cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> speaker boehner made very clear at his press conference that he thinks the ball is in your court and the president's court. he says democrats have got to get series about spending cuts. where is the disconnect? >> i don't understand his brain so you should ask him. okay? >> reid making those comments to our own kate bolduan. i'm joined by dan lothian. dan, we're learning more about the white house plan to deal with the fiscal cliff. break it down for us. >> reporter: right. this is the plan that secretary -- treasury secretary timothy geithner took up to capitol hill yesterday. it calls for $1.6 trillion in tax increases over a ten-year period more than republicans had anticipated. in addition to that, $400 billion in spending cuts that will come later. much of that not really specified. we're looking at entitlements such as medicare. and then the plan also includes $50 billion
cliff is serious business. and i'm here seriously trying to resolve it. and i would hope the white house would get serious as well. >> speaker boehner made very clear at his press conference that he thinks the ball is in your court and the president's court. he says democrats have got to get series about spending cuts. where is the disconnect? >> i don't understand his brain so you should ask him. okay? >> reid making those comments to our own kate bolduan. i'm joined by dan...
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i also appreciate the gentleman's focus on the fiscal cliff and indicating that we need to resolve that prior to leaving the 112th congress. i think those are both positive announcements. i applaud him for that. on the fiscal cliff, we discussed this all the time but i want to inform the majority leader, there are now 175 signatures, we hope to have more, and would obviously welcome people on your side of the aisle, on the discharge petition for the walz bill which mirrors the senate bill as the majority leader i'm sure knows, to assure that no individual who makes $200,000 or less in net taxable income or a family of $250,000 or less will have -- see a tax increase on january 1. hopefully we will resolve the fiscal cliff, get an agreement. but i again ask my friend, the walz bill will be compliant with the rules. it will not have a blue slip problem, obviously. and hopefully we could move that bill. again, for the purposes of giving confidence to the 98% of our taxpayers who are making less than the sums put forward in the bill, $200,000, $250,000. i understand and anticipate the gentl
i also appreciate the gentleman's focus on the fiscal cliff and indicating that we need to resolve that prior to leaving the 112th congress. i think those are both positive announcements. i applaud him for that. on the fiscal cliff, we discussed this all the time but i want to inform the majority leader, there are now 175 signatures, we hope to have more, and would obviously welcome people on your side of the aisle, on the discharge petition for the walz bill which mirrors the senate bill as...
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then, senator orrin hatch from utah gives the republican address on the fiscal cliff which refers to automatic tax increases and spending cuts that would go into effect in 2013. >> hi, everybody. i'm here on the factory floor of a business in hatfield, pennsylvania, where folks are working around the clock making toys to keep up with the christmas rush. and i came here because, back in washington, the clock is ticking on some important decisions that will have a real impact on our businesses - and on families like yours. the most pressing decision has to do with your taxes. see, at the end of the year, middle-class tax cuts are set to expire. and there are two things that can happen. first, if congress does nothing, every family will see their income taxes automatically go up at the beginning of next year. a typical middle class family of four will see their income taxes rise by $2,200. we can't let that happen. our families can't afford it, and neither can our economy. the second option is better. right now, congress can pass a law that would prevent a tax hike on the first $250,000
then, senator orrin hatch from utah gives the republican address on the fiscal cliff which refers to automatic tax increases and spending cuts that would go into effect in 2013. >> hi, everybody. i'm here on the factory floor of a business in hatfield, pennsylvania, where folks are working around the clock making toys to keep up with the christmas rush. and i came here because, back in washington, the clock is ticking on some important decisions that will have a real impact on our...
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going over the fiscal cliff is serious business. >> is serious. >> sound byte: i'm here trying to resolve it. i would hope the white house would get serious as well. >> get it solved with bourbon. >> stephanie: jim can confirm this is what we've been doing all morning. i brought in leftover french fries and i brought mustard and i've been doing this all morning. sorry about the carpet. sorry, sorry. >> the noises were more graphic when there was more mustard. >> speaking of immature on facebook, tell stephanie if she's ever in austin, i know a gay boy who would motor boat her vigorously. [ squeezing mustard ] >> so that happened. >> stephanie: we've had a week. dan in columbus, here on "the stephanie miller show." hi dan. >> caller: hey, stephanie. my congressional district is right next to john boehners, and if anyone thinks he's the voice of reason, they need to come and read the columbus dispatch to see some of the stuff that he says that is even more inflammatory than the stuff he has been saying the last week or so. he cares about one thing, and that's keeping himself in the speaker
going over the fiscal cliff is serious business. >> is serious. >> sound byte: i'm here trying to resolve it. i would hope the white house would get serious as well. >> get it solved with bourbon. >> stephanie: jim can confirm this is what we've been doing all morning. i brought in leftover french fries and i brought mustard and i've been doing this all morning. sorry about the carpet. sorry, sorry. >> the noises were more graphic when there was more mustard....
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, have some certainty going into next year. >> this is not -- the fiscal cliff is not about long-term solutions to anything. the fiscal cliff is not about solutions, period, not real solutions. what we have here is political gamesmanship. >> greta: tonight republicans have a sizzling question for president obama, what is his plan? senator john cornyn putting that message into a video. ♪ >> greta: senator ron johnson sits on the budget committee. he joins us. how you doing, sir? >> very well. >> greta: before i ask you what you understand to be the president's plan, the republicans put the revenues on the table. where do you get those revenues? >> first of all, a number of republicans said they're willing to consider that if they see the other half of the president's promised balanced approach. you know, where is he going to start restrained growth in government? we're open to working with anybody who's willing to acknowledge the problem. >> greta: who's going to blink first? >> first of all, let me tell you where you should get revenue. >> greta: okay. >> by growing the economy. jus
, have some certainty going into next year. >> this is not -- the fiscal cliff is not about long-term solutions to anything. the fiscal cliff is not about solutions, period, not real solutions. what we have here is political gamesmanship. >> greta: tonight republicans have a sizzling question for president obama, what is his plan? senator john cornyn putting that message into a video. ♪ >> greta: senator ron johnson sits on the budget committee. he joins us. how you doing,...
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what do you think should be hopping here to get a deal to avoid the fiscal cliff happening? >> i have no doubt that people are working hard to get a deal. we have the president re-elected and have a new congress, think it's right they get down to the business of sorting this out. i think america's got to think that what it needs to do is get growth in its economy, as well. and it needs to get growth by trade and exporting. and i think what we're missing at the moment is a global agreement whereby the big powers try to work on the economy. you have to have fiscal problems and you also have to have growth. that's the key for the future. there's a global deal waiting to be done, with china, europe, india also involved in this, and of course, america itself, where we could build the confidence that's necessary to get high levels of growth around the world. >> finally, gordon brown, i couldn't let you go without asking your view of the single biggest news story to hit the planet in the last week. it is, of course, the royal baby. >> it's incredibly important that we give them the
what do you think should be hopping here to get a deal to avoid the fiscal cliff happening? >> i have no doubt that people are working hard to get a deal. we have the president re-elected and have a new congress, think it's right they get down to the business of sorting this out. i think america's got to think that what it needs to do is get growth in its economy, as well. and it needs to get growth by trade and exporting. and i think what we're missing at the moment is a global agreement...